Sebi Tweaks ERPs Framework
As per SEBI, ERPs must disclose on their website the financial sector regulator or authority under which they conduct ESG ratings for each product
As per SEBI, ERPs must disclose on their website the financial sector regulator or authority under which they conduct ESG ratings for each product
In a new consultation paper, SEBI has invited proposals that cover ERPs following a subscriber-pays model and an issuer-pays business model
In 2023, 85% of FIs used ESG ratings to identify climate-related opportunities, managing over $4 trillion in assets.
The approval makes the ICRA subsidiary one of India’s few organizations offering comprehensive risk-monitoring solutions for ESG ratings
CRISIL, which began its ESG scoring business in 2021, will transfer its over 1,000 companies across 65 sectors to its subsidiary